The renting and leasing of motor vehicles sector in Brazil in 2023 stood at 15 billion Brazilian Reals. From 2024 to 2028, a steady annual growth is forecasted, with values rising from 15.6 billion in 2024 to 17.92 billion in 2028. The year-on-year growth from 2024 starts at approximately 3.85% and stabilizes around 3.18% by 2028. Over this five-year period, the compound annual growth rate (CAGR) is projected to be roughly 3.55%, indicating consistent expansion in the sector.

Future trends to watch for include:

Increased demand for electric vehicle leasing options as environmental concerns rise.
Technological advancements in vehicle technology impacting leasing business models.
Regulatory changes potentially influencing leasing costs and demand dynamics.
Macroeconomic factors including inflation and consumer purchasing power shifts.